The Iraqi government has received five berths of Al-Faw Grand Port in southern Basra province from the South Korean company Daewoo in charge of the project.
The Chinese state news agency Xinhua reported that Iraqi Prime Minister Mohammed Shia’ al-Sudani presided over the handover ceremony of the five berths, according to a statement from al-Sudani’s media office.
al-Sudani said: “The project will transform Iraq from a country dependent on the ports of others to a maritime state, has effectively entered the global trade and transport routes that pass through the Middle East.”
READ: Basra Gateway Terminal conducts first direct UAE-Iraq freight service
According to the statement, the country’s Development Road Project, which originates at Al-Faw Grand Port, would serve as a regional economic integration centre.
In May 2023, the Iraqi government announced the Development Road Project, a large infrastructure project aimed at connecting southern Iraq to the country’s border with Turkey and eventually reaching into European rail and road networks.
